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In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.78 million shares were traded. BRY stock price reached its highest trading level at $5.8598 during the session, while it also had its lowest trading level at $5.68.
Ratios:
For a deeper understanding of Berry Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 128.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.04. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 0.60. In the meantime, Its Debt-to-Equity ratio is 0.65 whereas as Long-Term Debt/Eq ratio is at 0.65.
On July 17, 2023, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $9 to $8.
On October 19, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $10.Jefferies initiated its Buy rating on October 19, 2022, with a $10 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 01 ’23 when Hunter Danielle E. sold 15,000 shares for $8.77 per share. The transaction valued at 131,505 led to the insider holds 148,757 shares of the business.
Smith Arthur T. sold 81,365 shares of BRY for $673,694 on Aug 18 ’23. The Executive Chairman now owns 514,180 shares after completing the transaction at $8.28 per share. On Aug 18 ’23, another insider, Hunter Danielle E., who serves as the President of the company, sold 10,000 shares for $8.25 each. As a result, the insider received 82,500 and left with 163,757 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BRY now has a Market Capitalization of 445476800 and an Enterprise Value of 897924800. As of this moment, Berry’s Price-to-Earnings (P/E) ratio for their current fiscal year is 463.20, and their Forward P/E ratio for the next fiscal year is 7.91. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 30.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at 1.057 whereas that against EBITDA is 4.103.
Stock Price History:
Over the past 52 weeks, BRY has reached a high of $8.88, while it has fallen to a 52-week low of $5.62. The 50-Day Moving Average of the stock is -11.49%, while the 200-Day Moving Average is calculated to be -18.51%.
Shares Statistics:
For the past three months, BRY has traded an average of 1.05M shares per day and 778000 over the past ten days. A total of 75.67M shares are outstanding, with a floating share count of 74.76M. Insiders hold about 2.83% of the company’s shares, while institutions hold 91.07% stake in the company. Shares short for BRY as of 1721001600 were 2191102 with a Short Ratio of 2.09, compared to 1718323200 on 3052640. Therefore, it implies a Short% of Shares Outstanding of 2191102 and a Short% of Float of 3.2300000000000004.
Dividends & Splits
According to the company, the forward annual dividend rate for BRY is 0.48, from 0.73 in the trailing year. Against a Trailing Annual Dividend Yield of 0.12607946The stock’s 5-year Average Dividend Yield is 7.5.
Earnings Estimates
A detailed examination of Berry Corp (BRY) is currently in progress, with 4.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is $0.2, with high estimates of $0.28 and low estimates of $0.11.
Analysts are recommending an EPS of between $1.02 and $0.51 for the fiscal current year, implying an average EPS of $0.74. EPS for the following year is $0.86, with 3.0 analysts recommending between $1.46 and $0.31.
Revenue Estimates
For the next quarter, 3 analysts are estimating revenue of $178.93M. There is a high estimate of $202M for the next quarter, whereas the lowest estimate is $158.8M.
A total of 3 analysts have provided revenue estimates for BRY’s current fiscal year. The highest revenue estimate was $739M, while the lowest revenue estimate was $635.3M, resulting in an average revenue estimate of $682.43M. In the same quarter a year ago, actual revenue was $903.46MBased on 3 analysts’ estimates, the company’s revenue will be $695.53M in the next fiscal year. The high estimate is $811M and the low estimate is $629.6M.
